Aerial overview of property\'s location with property parcel outlined and a heavily wooded area
Active Option Contract

2800 E 82 Highway

Sherman, Texas 75090
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Acres186

Acres(Lot)

Prime 186-Acre Development Opportunity Near Sherman CBD This remarkable 186-acre property is the largest contiguous tract of vacant land near the Sherman Central Business District, offering unmatched proximity to retail, dining, entertainment, and major transportation routes. Located just 5 minutes from HIghway 75 and approximately 10 minutes from the heart of Sherman, the site delivers both convenience and privacy. With its sweeping oak trees, a natural creek, and a tranquill, scenic setting, the land provides an exceptional foundation for residential or multi-family development. The property's versatility also makes it ideal for mixed-use projects, combining residential, retail, and service opportunities in one strategic location. Boasting approximately 1,592 feet of Highway 8 2 frontage, this location offers unparalleled visibility--perfect for retailers, restaurants, and service businesses seeking maximum exposure. A recently completed environmental study, including Phase l and Phase ll reports, provides valuable due diligence already in place. Whether you are seeking a prime 1031 Tax Free Exchange investment, large-scale residential site, or a high-visibility commercial location, this property offers endless possibilities. Its rare size, strategic location, and natural beauty make it a one-of-a-kind opportuntiy in the growing Sherman market.

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Detail Ic Property Details

Property Type : Land

Price : $6,510,000

AD Id : 66581061

MLS Id : 534014315

Lot Size : 186 Acres(Lot)

County : Grayson

Subdivision: Magnolia Add Ph B

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Feature Features

  • Utilities

    All Weather Road,City Sewer,City Water,Electricity Available,Sewer Available

  • Lot Information

    Lot Size (Acr): 186.0000 Lot Size Units: Acres Lot Size Square Feet: 8,102,160 Lot Features: Acreage,Agricultural
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Jennings Fleming,Mcglothlin City: Sherman State: Texas Directions: While driving north on Highway 75 to Sherman, take a right at the exit that leads to Highway 82 and go east. Take the Skaggs exit and slow down to turn right to enter the front entrance driveway which is a the end of the off-ramp. The address that will be in your GPS is 2800 E. 82, Sherman. Property Status: Active Option Contract

  • Listing Price Information

    Original List Price: $6,510,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 121123,118490,121122

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Dillingham Middle School: Piner High School: Sherman School District: Sherman ISD
  • Utility Information

    Utilities: All Weather Road,City Sewer,City Water,Electricity Available,Sewer Available
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Nearby Home Value

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TBD First Street, Sherman, TX, 75090 $200,000 -- -- -- 3.17 Acres(Lot)
950 Old Ida Road, Sherman, TX, 75090 $1,883,750 -- -- -- 68.50 Acres(Lot)
TBD Old Ida Road, Sherman, TX, 75090 $79,000 -- -- -- 1 Acre(Lot)
66 Smith Oak Road, Sherman, TX, 75090 $599,000 -- -- -- 29.75 Acres(Lot)
TBD Franklin Road, Sherman, TX, 75090 $275,000 -- -- -- 5.51 Acres(Lot)
322 Grigg Road, Sherman, TX, 75090 $499,000 -- -- -- 23.04 Acres(Lot)
738 Campground Road, Sherman, TX, 75090 $2,348,000 -- -- -- 49.50 Acres(Lot)
451 Coker Road, Sherman, TX, 75090 $1,600,000 -- -- -- 64.43 Acres(Lot)
TBD Independence Springs, Sherman, TX, 75090 $1,492,000 -- -- -- 121 Acres(Lot)
TBD Fm 697, Sherman, TX, 75090 $495,000 -- -- -- 11 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/19/2026 @ 07:19

MLS: 534014315 LISTED BY: FRANK VENTURA, Easy Life Realty 214-725-4670 SOURCE: NTREIS - North Texas Real Estate Information

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